Focus Partners Advisor Solutions LLC Trims Stock Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Focus Partners Advisor Solutions LLC lessened its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 6.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 8,877 shares of the exchange traded fund’s stock after selling 619 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,056,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. PFG Investments LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 17.3% during the 4th quarter. PFG Investments LLC now owns 767 shares of the exchange traded fund’s stock valued at $437,000 after purchasing an additional 113 shares in the last quarter. Quantbot Technologies LP bought a new stake in SPDR S&P MidCap 400 ETF Trust during the fourth quarter valued at $604,000. Avior Wealth Management LLC grew its position in SPDR S&P MidCap 400 ETF Trust by 24.3% during the fourth quarter. Avior Wealth Management LLC now owns 593 shares of the exchange traded fund’s stock worth $338,000 after buying an additional 116 shares in the last quarter. Principal Securities Inc. grew its position in SPDR S&P MidCap 400 ETF Trust by 7.5% during the fourth quarter. Principal Securities Inc. now owns 613 shares of the exchange traded fund’s stock worth $349,000 after buying an additional 43 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. bought a new position in SPDR S&P MidCap 400 ETF Trust in the 4th quarter worth about $1,192,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 0.3%

NYSEARCA:MDY opened at $561.21 on Wednesday. The stock has a market cap of $22.85 billion, a P/E ratio of 17.70 and a beta of 1.07. The business’s 50-day moving average price is $525.34 and its two-hundred day moving average price is $563.35. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $458.82 and a twelve month high of $624.13.

About SPDR S&P MidCap 400 ETF Trust

SPDR S&P MidCap 400 ETF is an exchange traded fund. SPDR MidCap 400 Trust focuses to correspond to the price and yield performance of the S&P MidCap 400 Index. The S&P MidCap 400 covers over 7% of the United States equities market, and is part of a series of S&P the United States indices. The index also includes companies, which should have four consecutive quarters of positive as-reported earnings, excluding discontinued operations and extraordinary items.